{"id":8321,"date":"2022-09-29T13:36:26","date_gmt":"2022-09-29T12:36:26","guid":{"rendered":"https:\/\/novellusfinance.com\/?p=8321"},"modified":"2023-06-16T15:02:44","modified_gmt":"2023-06-16T14:02:44","slug":"is-buy-to-let-still-worth-it","status":"publish","type":"post","link":"https:\/\/novellusfinance.com\/uk\/is-buy-to-let-still-worth-it\/","title":{"rendered":"Is Buy to Let Still Worth It in 2022?"},"content":{"rendered":"

Buy-to-let is still one of the top asset classes for investors in 2022. However, the rising cost of stamp duty on second homes and climbing mortgage rates are making many potential investors ask: is buy-to-let still worth it in 2022?\u00a0<\/span><\/p>\n

It\u2019s hard to keep up with what\u2019s going on with the property market, and 2022 has undoubtedly been a turbulent year for the industry. Many landlords have chosen to sell up and cash in their investments because they believed that the UK had reached the top of the market when we saw substantial price increases in most areas of the country. Despite this, a good argument still says buying to let is a good investment in 2022.<\/span><\/p>\n

In this article, we will discuss if buying to let is really a good investment in 2022,\u00a0 the pros and cons, and some other things to consider if you decide to go ahead.<\/span><\/p>\n

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Is buy-to-let a good investment in 2022?<\/span><\/h2>\n

The short answer is yes, it is still a worthwhile investment for most people. But before jumping into the buy-to-let market, it\u2019s essential to consider things from all angles.\u00a0<\/span><\/p>\n

When done right, buy-to-let is an excellent investment opportunity that can generate significant returns through a monthly rental income. However, it\u2019s important to understand it might take longer to see the benefits of your investment vs other investment products such as stocks or shares due to the initial costs to secure the property. Investing in the bricks and mortar of a property is a far safer way to grow your wealth rather than having money sitting in the bank.\u00a0<\/span><\/p>\n

Additionally, a considerable number of people in the UK still choose to rent properties rather than buy, and with the current cost of living crisis that is unlikely to change. As a result, the demand for UK rental properties continues to outstrip supply making buy-to-let a lucrative investment for any investor.\u00a0<\/span><\/p>\n

The UK government estimates that around <\/span>345,000 <\/span><\/a>new homes are needed every year, but we are seeing a major shortfall, especially within cities. This poses an excellent opportunity for investors who will have no shortage of prospective tenants keen to live in their rental property.\u00a0<\/span><\/p>\n

If you are new to buy-to-let property investment, we recommend you check out our <\/span>definitive guide<\/span><\/a>.<\/span><\/p>\n

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The advantages of buy-to-let<\/span><\/h2>\n

Although we\u2019ve covered some good reasons why buy-to-let is still a sound investment opportunity, let\u2019s look at some of the other benefits of buying a property to let:<\/span><\/p>\n